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Banking & Finance

Movers & Shakers for Aug. 25, 2025

Employees at financial institutions including Clinton Savings Bank, Charles River Bank, Main Street Bank, and bankHometown are taking steps forward in their careers.

🔒WBJ names the 40 Under Forty, Class of 2025

Throughout the Aug. 25 edition of WBJ, you’ll read about the best of what humanity can be, personified through WBJ’s 40 Under Forty, Class of 2025. The winners are executives, entrepreneurs, and advocates who are making their marks on our lives and doing so in kind, generous ways.

Worcester healthcare provider pleads guilty to $1.6M MassHealth fraud scheme

For now, the administrator of a Worcester-based group adult foster care company has avoided a one year jail sentence after pleading guilty to charges related to a $1.6-million MassHealth defrauding scheme.

St. Mary’s Credit Union picks former M&T Bank executive as new CEO

Fresh off announcing an upcoming merger with a Framingham-based credit union, St. Mary’s Credit Union in Marlborough has selected a new leader.
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State forecast: Unemployment benefits fund will run out of money by end of 2027

The account used to pay unemployment insurance benefits in Massachusetts is on track to run out of money by the end of 2027, according to a new forecast that could increase pressure on Beacon Hill to enact systemic changes before or during an election year.

Rutland-based food truck receives $50K loan for expansion

Founded by Jordan El-Qasem, HaBBQ serves Texas-style BBQ infused with Middle Eastern spices.

MetroWest credit unions to merge, the latest consolidation in Central Mass. banking

The merger is expected to be completed by early 2026 and will result in a $1.15-billion entity. The newly-combined firm will serve more than 62,850 members with 8 branch locations.

Webster Five selects new finance chief after CFO’s rise to CEO

Shortly after Webster Five promoted its CFO Brian Westerlind to president and CEO, the Auburn-based bank has named his successor.
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Gov. Healey announces $2.45B spending bill

Gov. Maura Healey on Thursday announced a $2.45 billion spending bill to close the state's books for fiscal year 2025, packing it with a number of outside sections related to federal policy and spending concerns. 

Women’s Executive Academy applications due on Sept. 12

The Women’s Executive Academy is a joint effort by Nichols College and Worcester Business Journal designed to help female professionals achieve their career goals, with a particular focus on reaching executive positions, such as CEO, president, and executive director.
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Career Opportunities

Chief Financial Officer

The Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$125,000 - $135,000

Quality Engineer II – Columbia Tech

Columbia Tech
,
Westborough, MA

Production Manager – Columbia Tech

Columbia Tech
,
Westborough, MA
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